SSE Sets 2021 Deadline for Chairman Departure
May 22 2019 - 3:21AM
Dow Jones News
By Carlo Martuscelli
SSE PLC (SSE.LN) said Wednesday that its Chairman Richard
Gillingwater will continue in his position, to depart no later than
March 31, 2021.
The utility said it believes it is in shareholders' interest
that the company keeps benefiting from Mr. Gillingwater's judgment.
The time-limited extension allows effective succession plans to be
implemented in order to advance an orderly transition, SSE
said.
The company said it will begin the process of finding a new
chairman in the course of the year.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
May 22, 2019 03:06 ET (07:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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